Wall Street today posted its first — and very modest — gain since Tuesday’s presidential election, but retail stocks continued to fall amid worries about the “fiscal cliff” and Greece’s slipping lifeline.
The S&P 500 Retailing Industry Group fell 0.3 percent, or 1.84 points, to 635.23, as the Dow Jones Industrial Average inched up 4.07 points to 12,815.39 — 430 points down from Election Day.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)